Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Executive Team Members.
The people who are working for your dividends.
Page is still being updated and improved as we speak.
https://www.mydhan.io/our-team/executive-members
myDhan = vertical companies. Where your dividend is coming from.
https://www.linkedin.com/company/mydhan/
Don't forget vertical 4+5. While you are at it.
Are you in Russia? Hmmm. I don't know how to fix that one. I will ask Laxmi to have a look at your post.
Some of my friends will still have to send that form IMO.
And they probably have to do it before dec 31. In the year that the dividend is paid.
But I'm on top of it
Ah, I remember now.
Yes, I know you migrated and had to send a new one.
As for Guyana, it's a problem for them. But we are already out of there.
Nobody is stupid enough to invade Nigeria
One less risk factor. lol.
I know you did and I was wondering earlier why you did send a W-8BEN form. I obviously did it because I am employed.
From the looks of it, the W-8BEN form may suffice for us. But who really knows. There is always an exception somewhere.
Venezuela prepares for possible invasion into Guyana.
Ugh.
https://defence-blog.com/venezuela-prepares-for-invasion-into-guyana/
You are going to be pretty busy with this whole thing for the next 3 weeks
But I think you have a (HR) team of at least 5 people on this. So we should be ok.
You may still have to sign a form to get that lower tax rate (based on the treaty with your country).
That one is for Laxmi, our tax specialist
It's called a withholding tax. So in this case the private company will withhold the tax. You don't have to pay them anything in the US.
I think most of them are incorporated in California. It remains to be seen whether the company will relocate to Cayman Island.
US withholding tax is dependent on the tax treaty the US has with the country where you live. You can look it up. 30% should be standard. For me in The Netherlands it is 15% because we also have a wealth tax and it wouldn't be right to charge us twice.
Yes, all correct IMO.
ITUP shareholders own the operations of ITUP. Including Cow Capital and the planned SPAC's. As well as Masala Capital. Masala Capital (as the registered investment advisor) will also generate revenues from the activities of the vertical companies. And ITUP will list on a senior exchange in Q4 next year or Q1 2025 (see email)
On top of that, you are being offered the opportunity to acquire a certain number of vertical shares for $0.01. As explained.
On top of that, the company has offered IREEM/Cow shares many times these past 1-2 years. I count at least 6 or so offerings where ITUP shareholders could have acquired the shares for rock bottom prices. There was even a direct offering into the vertical companies if I am not mistaken. So yeah, the people who invested in those offerings will do very well... And there are many ITUP shareholders here who invested heavily.
Laxmi mentioned $100 billion valuation in his email. Twice, even. Make no mistake about it. It's possible. If we can get financing for the first 2 projects in Nigeria (Aquaculture and Palm) then Masala Agri Corp (vertical 2) could easily be worth $10/share already. On just 2 projects. And we have 20+ of those projects planned in the next 5 years. And as I explained earlier, Masala Capital will also book revenues and profits from these developments. But you probably want to get as many vertical shares as you can for $0.01. Because you still can, before december 5.
The dividend is not paid by ITUP. The dividend is paid by the vertical companies. So if he doesn't acquire the vertical shares for $0.01 then he will not own any vertical shares (in principle). And there will be no dividend.
Look here. The vertical companies are separate. It's not a spin-off. It's not a stock dividend. ITUP doesn't have a stake. So they can't give the vertical shares away for free. But they can offer them for $0.01 per share to people who are "involved". Meaning, the ITUP and Cow shareholders. But only before they start generating revenues and profits. That is why the price will go up quickly to $0.50 and $1.00 early next year. You want to get them for $0.01 now though, before december 5.
Why don't you follow the example I did for Fedel, and input your own numbers. Should be very simple.
For the people who also subscribed for IREEM/Cow shares, they know how many extra cow shares they subscribed for. And they get an additional 2 vertical shares for every 3 of those Cow shares.
The important thing is to do it quickly now, and wire the money. You don't have a lot of time.
Ok, but I can't post excel sheets on IHUB. Only pictures.
The numbers are still the same. So the one I posted will have to do.
1) 25748 ITUP shares will give you 25748 vertical shares (directly)
2) will also give you 25748 x 4% / 0.15 = 6866 Cow shares (through IREEM)
You get 2 vertical shares for every 3 Cow shares
2/3 x 6866 = 4577 vertical shares.
Total vertical shares = 25748 + 4577 = 30325 vertical shares (of every vertical company)
You have to pay before december 4, for vertical 1+2+3 (gold, rice, food carts)
30325 x $0.01 x 3 = $909.75
You have to pay before jan 16, for vertical 4+5 (plane seats, whiskey)
30325 x $0.01 x 2 = $606.50
Vertical 6-9 is due some time next year.
If you subscribed for IREEM/Cow shares independently, you have to add those vertical shares as well.
Check the numbers yourself, using the company email that was sent yesterday. I am not responsible if I provide the wrong information.
As I said before, you have to send an email to IR@mydhan.io and ask, then they will send you wire instructions.
Do it today, to be safe. There is a lot of money at stake.
You have to send an email to IR@mydhan.io and ask for the wiring details. I think they are using a different bank now.
They have to tell you.
Equity isn't going to change (much) because of this investment. I think you can compare it to the windbreak trees that HERB invested in in the past.
Hmmm. It is not money that they will lose. And they have more than enough. It is not a concern to me.
I will read the transcript later. Or you can summarize it for me
I bought a starter position today for $1.55. I will buy more later.
EPS loss for the quarter $0.17
https://www.sec.gov/ix?doc=/Archives/edgar/data/885462/000119380523001515/e619051_10q-gulf.htm
Sent you an email.
Ugh. So they are not updating us on the preferred dividend? We don't even know what the plan is? None of this is acceptable.
I am willing to provide the funding for a lawsuit. If you do most of the work. You know the company and you can read Chinese. We also need a lead plaintiff probably who can also help finance the lawsuit. You know who I am referring to. Either we do it like this or not at all. I don't have all that many shares, really. We could start with this in January.
Gentlemen, Modes had a good point when he said they can't be offering us $0.20 now with the preferred stock dividend included when they were previously planning to sell shares for $0.25 WITHOUT the preferred dividend.
And I know for a fact (from the Chinese filings) that they invested at least $150M in museums which means the off-balance sheet assets and preferrred dividend should be worth at least $1 / share.
It would be quite illegal and criminal to offer us $0.20 for our shares without disclosing the true asset value. Without giving us the preferred dividend separately. Which should also include the 5 high-value plantations.
They haven't filed the quarterly report yet. Perhaps they are struggling, legally. Because I just told you what they have to do. They basically have to give us the preferred dividend separately. Either that, or the Gods will have no mercy on them.
Low-ball offer has nothing to do with it. They can't be doing stuff that is illegal.
Icecream, anyone?
Exactly Modes.... You got it !
Dear brother of mine,
I know you are reading this.
I will repay the loan plus interest towards the end of december.
Unless the company I currently work for will rip me off as well.
You can keep the HERB shares that you owe me.
And my fellow shareholders don't want me to sue them, so.